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Economics A Level at The Norton Knatchbull School

Course description

Individuals, firms, markets and market failure

1 Economic methodology and the economic problem

2 Individual economic decision making

3 Price determination in a competitive market

4 Production, costs and revenue

5 Perfect competition, imperfectly competitive markets and monopoly

6 The labour market

7 The distribution of income and wealth: poverty and inequality

8 The market mechanism, market failure and government intervention in markets

The national and international economy

1. The measurement of macroeconomic performance

2. How the macroeconomy works : the circular flow of income, AD/AS analysis, and related concepts

3. Economic performance

4. Financial markets and monetary policy

5. Fiscal policy and supply-side policies

6. The international economy

Course content

Individuals, firms, markets and market failure

1 Economic methodology and the economic problem

2 Individual economic decision making

3 Price determination in a competitive market

4 Production, costs and revenue

5 Perfect competition, imperfectly competitive markets and monopoly

6 The labour market

7 The distribution of income and wealth: poverty and inequality

8 The market mechanism, market failure and government intervention in markets

The National and International Economy

1 The measurement of macroeconomic performance

2. How the macroeconomy works: the circular flow of income, AD/AS analysis, and related concepts

3. Economic performance

4. Financial markets and monetary policy

5. Fiscal policy and supply-side policies

6. The international economy

Entry requirements

GCSE grade 6 in Mathematics and English

Assessment

Paper 1

Written exam: 2 hours – Markets and Market Failure 80 marks 33.3% of A-level

Paper 2

Written exam: 2 hours – National and International Economy 80 marks 33.3% of A-level

Paper 3

Written exam: 2 hours – Economic Principles and issues 80 marks 33.3% of A-level

Future opportunities

Accountancy, Banking, Business Finance, Economics, International Business Economics, Mathematics, Politics, Statistics.

Further information

A Level (a two year course, leading to assessment in summer 2020)

 

How to apply

If you want to apply for this course, you will need to contact The Norton Knatchbull School directly.

Last updated date: 01 November 2017
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Key information

  • Start date: Next September

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